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Peterson Family Memorial Trust 1011138 is a private trust based in JOHNSTON, RI. The foundation received its IRS ruling in 2006. The principal officer is Citizens Bank. It holds total assets of $1.8M. Annual income is reported at $530K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Rhode Island and New York. According to available records, Peterson Family Memorial Trust 1011138 has made 8 grants totaling $253K, with a median grant of $30K. Annual giving has decreased from $141K in 2022 to $112K in 2023. Individual grants have ranged from $11K to $56K, with an average award of $32K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Rhode Island and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$17K
Median Grant
$43K
Average Grant
$43K
Largest Grant
$69K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Peterson Family Memorial Trust 1011138 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in RI, NY.
Peterson Family Memorial Trust 1011138 has distributed a total of $253K across 8 grants. The median grant size is $30K, with an average of $32K. Individual grants have ranged from $11K to $56K.
Peterson Family Memorial Trust 1011138 typically selects its grantees rather than accepting unsolicited proposals.
Peterson Family Memorial Trust 1011138 is headquartered in JOHNSTON, RI. While based in RI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Citizens Bank N A | TRUSTEE | $22K | $0 | $22K |
Total Giving
$146K
Total Assets
$1.8M
Fair Market Value
$2.4M
Net Worth
$1.8M
Grants Paid
$112K
Contributions
N/A
Net Investment Income
$122K
Distribution Amount
$113K
Total: N/A
Total Grants
8
Total Giving
$253K
Average Grant
$32K
Median Grant
$30K
Unique Recipients
4
Most Common Grant
$14K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Paul Evangelical Lutheran ChurchUNRESTRICTED GIFT | Warwick, RI | $45K | 2023 |
| Scandinavian Home Endowment FundUNRESTRICTED GIFT | Cranston, RI | $39K | 2023 |
| The Salvation ArmyUNRESTRICTED GIFT | West Nyack, NY | $17K | 2023 |
| Cranston Public LibraryUNRESTRICTED GIFT | Cranston, RI | $11K | 2023 |
NORTH KINGSTOWN, RI
PROVIDENCE, RI
PROVIDENCE, RI